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Finance, like fiction, needs a narrative. Money being a belief system, and it is always possible to believe our way out of a crisis.
Broke: Who Killed the Middle Classes?
by David Boyle
Fourth Estate, £14.99, 352pp
When the Money Runs Out: the End of Western Affluence
by Stephen D King
Yale University Press, £20, 304pp
Money is a mirror. When we are happy, it dances, sings and races round the world. When we are frightened, it flees, trembling, seeking a place to hide. When we are sad, it sinks into dark, melancholy pools of mistrust. We are,
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